{"id":152737,"date":"2025-03-09T21:54:27","date_gmt":"2025-03-09T19:54:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152737"},"modified":"2025-03-09T21:55:07","modified_gmt":"2025-03-09T19:55:07","slug":"best-crypto-to-buy-now-after-first-ever-white-house-cryptocurrency-summit","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/best-crypto-to-buy-now-after-first-ever-white-house-cryptocurrency-summit\/","title":{"rendered":"Best Crypto to Buy Now After First Ever White House Cryptocurrency Summit"},"content":{"rendered":"

The first-ever U.S. crypto summit took place<\/a><\/span>\u00a0last Friday, with several industry leaders and members of President\u2019s Trump\u2019s crypto task force in attendance.\u00a0<\/span><\/p>\n

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According to reports from the likes of Reuters and BBC, the event featured conversations surrounding the recently signed \u201ccrypto reserve\u201d executive order by Trump, market structure, potential regulations, and stablecoin bills.\u00a0<\/span><\/p>\n

In a brief speech to reporters, Trump said; \u201cAmerica will follow the rule that every bitcoiner knows very well, ‘never sell your bitcoin.\u2019 I don’t know if that is right or not. Who the hell knows? Who knows, but so far it’s been right. Let’s keep it that way.”<\/span><\/p>\n

He also added that the reserve will be capitalized with Bitcoin forfeited in government criminal cases rather than actively buying the crypto through direct market purchases.\u00a0<\/span><\/p>\n

While this particular statement has led to a short-term negative reaction across the market, with Bitcoin falling below the $82k price support, analysts\u2019 bullish long-term projections have ignited much-needed optimism among investors, boosting the hunt for the best crypto to buy.\u00a0<\/span><\/p>\n

The \u201cU.S. Crypto Summit\u201d Sets The Foundation For Growth & Innovations In The Industry – Expert Says<\/b><\/span><\/h2>\n

The first-ever crypto summit held last Friday at the White House has done nothing to change the short-term market dynamics.\u00a0<\/span><\/p>\n

Initially, there were high hopes that the outcome of the roundtable event would be the catalyst that would flip the market back to the bullish territory.\u00a0<\/span><\/p>\n

After all, the engagement was specifically initiated to provide detailed insights into how the U.S government intends to implement the \u201ccrypto reserve\u201d plan and its benefits to Americans.\u00a0<\/span><\/p>\n

Last weekend, the president, in a post on Truth Social<\/a><\/span>, tasked the Presidential Working Group to explore the creation of a \u201cStrategic Crypto Reserve\u201d that will include Bitcoin, Ethereum, Cardano, Solana, and XRP. This was followed by an executive order establishing both \u201cBitcoin Reserve and Digital Asset Stockpile.\u201d<\/span><\/p>\n

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\ud83d\udea8 BREAKING: Trump signs executive order creating a "Strategic Bitcoin Reserve" with Bitcoin the "federal government already owns."<\/p>\n

White House crypto czar David Sacks adds: "The government will not acquire additional assets for the Stockpile beyond those obtained through\u2026 pic.twitter.com\/hv7uv97sdO<\/a><\/p>\n

— Nicholas Veniamin (@NickVeniamin) March 7, 2025<\/a><\/p><\/blockquote>\n